Report
Florent Laroche-Joubert

Covivio : Decent results, encouraging for the future

>Positive and encouraging momentum across all segments - In Q1 2022 Covivio posted a solid operating performance thanks to positive momentum in all businesses. Its rental income group share in Q1 came to € 147.9m in line with our expectations and showing growth at constant scope of +7.1% and with a slight improvement in the occupancy rate to 95.2% (+20bp q-o-q):Offices (57% of the portfolio): letting activity was dynamic with the letting of 36,000 m² (i.e. 1/2 pr...
Underlying
Covivio SA

Fonciere des Regions is a long-term real etaste investor with a focus on office assets. Co.'s portfolio includes investment properties and properties under development. Co. holds a range of real estate assets, to collect lease payments and benefit from appreciation in the assets held. Co.'s activities can be divided into five segments: Office Markets in France; Office Markets in Italy; Logistics; Business Premises; and Car Parks.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Florent Laroche-Joubert

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